From Business24-7.ae: Gulf oil producers and other Arab countries need to enact new legislations to enforce stronger transparency and governance in their capital markets to restore investors' confidence that has been shattered by the global financial distress.
Regional stocks regulators and economists made the call at an equity conference held in Abu Dhabi to celebrate the 10th anniversary of the UAE's Securities and Commodities Authority (SCA) and discuss post-crisis markets in the region.......................................Full Article: Source